Obama, Bush plan to attend 9/11 event - Perry says marriage amendment needed - 400 attend funeral for 4 slain siblings

Obama, Bush plan to attend 9/11 event - Perry says marriage amendment needed - 400 attend funeral for 4 slain siblings

NEW YORK

NEW YORK - The ceremony at the World Trade Center site marking the 10th anniversary of the 2001 terrorist attacks will be a solemn event and a chance for victims’ families to view the names of loved ones etched into the memorial, Mayor Michael Bloomberg said. President Obama and Bloomberg will be joined by past and present leaders, including President George W. Bush.

SOUTH CAROLINA

Perry says marriage amendment needed COLUMBIA - Governor Rick Perry of Texas said yesterday that he supports a constitutional amendment limiting marriage to a man and a woman, even though last week he said New York’s gay marriage law is fine with him. In an interview, Perry said he supports federal limits on who can marry but also supports the right of states to decide whether gay couples can wed.

400 attend funeral for 4 slain siblings BARLING - Four siblings killed in a shooting rampage at a Texas roller rink were remembered yesterday as a part of a tight-knit family. More than 400 people attended a service for Trini Do, 29; her sisters, Lynn Ta, 16, and Michelle Ta, 28; and her brother, Hien Ta, 21. Trini Do’s estranged husband, Tan Do, 35, shot her and her siblings during a birthday party for their 11-year-old son and then killed himself. Read More

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As debt fears ease, investors return to Philippines

Local stocks are on their way to greater heights, with the main index likely breaching 4,900 by yearend and 5,600 next year, as investors get over global concerns and focus on rosy domestic fundamentals, says leading online stockbrokerage CitisecOnline.

In a briefing on Wednesday, CitisecOnline head of research April Lynn Tan said the challenges facing the global economy were starting to fade following the resolution of US and European debt problems.

As such, she said “the market’s focus will go back to the Philippines where fundamentals are a lot stronger.”

At the same time, Tan said inflation was peaking, which means that the local central bank may be at the tail-end of its monetary tightening cycle. She added that global funds were flowing back to emerging markets from developed markets, while the global economy was expected to perform slightly better this second semester relative to the first half. Read More